Ontology Gas Performance
| ONGAS Crypto | USD 0.25 0.02 7.41% |
The crypto holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ontology Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ontology Gas is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Ontology Gas has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's fundamental indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for Ontology Gas shareholders. ...more
Ontology |
Ontology Gas Relative Risk vs. Return Landscape
If you would invest 44.00 in Ontology Gas on November 28, 2024 and sell it today you would lose (19.00) from holding Ontology Gas or give up 43.18% of portfolio value over 90 days. Ontology Gas is generating negative expected returns and assumes 6.5942% volatility on return distribution over the 90 days horizon. Simply put, 58% of crypto coins are less volatile than Ontology, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ontology Gas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ontology Gas' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Ontology Gas, and traders can use it to determine the average amount a Ontology Gas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1026
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ONGAS |
Estimated Market Risk
| 6.59 actual daily | 58 58% of assets are less volatile |
Expected Return
| -0.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ontology Gas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ontology Gas by adding Ontology Gas to a well-diversified portfolio.
About Ontology Gas Performance
By analyzing Ontology Gas' fundamental ratios, stakeholders can gain valuable insights into Ontology Gas' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ontology Gas has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ontology Gas has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ontology Gas is peer-to-peer digital currency powered by the Blockchain technology.| Ontology Gas generated a negative expected return over the last 90 days | |
| Ontology Gas has high historical volatility and very poor performance | |
| Ontology Gas has some characteristics of a very speculative cryptocurrency |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ontology Gas. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.